Determine the cost of reducing the project completion date

Assignment Help Operation Management
Reference no: EM131367053

A) Determine the cost of reducing the project completion date by 4 months from the normal time.

B) What is the maximum time that can be crashed?  How much would cost increase - you must indicate which activities are being crashed, by how many days and at what cost?

Activity Preceded by Normal time (months) Crash Time (months) Normal Cost Crash Cost

1 - 7 5 2000 2600

2 1 12 6 1000 1300

3 1 7 5 3000 3500

4 3 6 4 2000 2400

5 2,4 9 8 8800 9100

Reference no: EM131367053

Questions Cloud

Explain all types of credit risks detaily : Can we discuss a scenario where an organization making physicaly disabled employee as a CEO would send a motivating meaasage to all disabled people across the world, that they are no lesser than other employees. If a company stops producing some prod..
Differences in hiring for task-hiring for organizational fit : What are the main differences between hiring for task and hiring for organizational fit? Explain when is each one most appropriate? In comparing the efforts at Macy’s and IBM, how do you explain the differences in the way managers reacted to the orga..
What do you think of his insights and conclusions : Senge describes the new work to be done by leaders in terms of new roles. These roles are designer, teacher and steward. What do you think of his insights and conclusions? Do you agree? Is this realistic? Are you engaged in any of these roles? Which ..
About protecting from deceptive advertising : Is it enough for advertisement to produce false expectations about the product in some people? explain. Are reasonable people the only people we should be concerned about protecting from deceptive advertising? explain.
Determine the cost of reducing the project completion date : Determine the cost of reducing the project completion date by 4 months from the normal time. What is the maximum time that can be crashed?  How much would cost increase - you must indicate which activities are being crashed, by how many days and at w..
Identify the main external forces triggering : Identify the main external forces triggering the need for organizational change. Pick three and discuss how they might necessitate behavioral change on the part of organization’s employees.
The stargazers company manufactures telescopes : Now that you have researched the contents of a project plan, write an Executive Summary and a Scope Statement for the following project using Microsoft Word. The Stargazers Company manufactures telescopes. Sales of scopes have been dwindling so they ..
Affected traditional survey and experimental research : Given the enormity of secondary data availability, research options have been modified over the years; after conducting some basic search using scholarly articles, briefly outline such changes and how they have affected traditional survey and experim..
Calculate the economic order quantity and carrying costs : Clap Off Manufacturing uses 1,600 switch assemblies per week and then reorders another 1,600. Assume the relevant carrying cost per switch assembly is $5.30 and the fixed order cost is $590. Calculate the carrying costs. Calculate the restocking cost..

Reviews

Write a Review

Operation Management Questions & Answers

  Explain short term incentives and long term incentives

Identify and explain short term incentives and long term incentives and the importance of each in a compensation strategy.

  Illustrate what is your forecast of profit for a store

Sales (X, in millions of dollars) is related to Profits (Y, in hundreds of thousands of dollars) by regression equation Y = 8.21 + 0.76 X. Illustrate what is your forecast of profit for a store with sales of $40 million or $50 million.

  Provide an example of changing customer expectations

Customer expectations – Provide an example of changing customer expectations. Customer feedback – describe the objectives of a customer feedback program. Customer types – describe internal and external customers. Loss Function – Describe Taguchi’s lo..

  Local jails are complex organizations with multiple goals

Local jails are complex organizations with multiple goals. Consider how you might assess the effectiveness of your local jail. What internal and external constituencies exist? How might their views of effectiveness differ from that of the jail admini..

  Victim and suspect typologies scenario

Based on the first suspect’s interview regarding the battery incident and understanding the trends in crime from your lesson, determine how the suspect fits the trends that have been observed. Identify any ways that the suspect does not fit those tre..

  Contract rights and delegation of contract duties

What is the difference between assignment of contract rights and delegation of contract duties? Illustrate your answer with examples.

  Discuss the use of technology licensing as primary revenue

Discuss the use of technology licensing as a primary revenue driver in an entrepreneurial enterprise. Are there any public companies (other than Tessera, which had an IPO in 2003) that rely on licensing as their principal revenue source? What are som..

  We have now studied the plan contracting process we have

we have now studied the plan contracting process. we have explored the procurement sow and various types of contracts.

  Determine the expected number of days

Consider that you have two automobiles and the probability of starting each of them is 0.8 on cold mornings. Determine the expected number of days neither car will start during the year if there are 100 cold days during the year.

  Analyze your organization in its present form

Assignment on Assignment-Workforce 2020 Executive Report. Analyze your organization in its present form. Explain your organization's structure, workforce diversity, market/customer diversity, and communications technology.

  What other techniques might you choose to manage

Discuss the use of PERT/CPM techniques for managing projects. Describe what PERT/CPM does. Discuss advantages and disadvantages of using it. What other techniques might you choose to manage your project?

  Strategies for creating well-written-effective reports

Valuing diversity is commonly regarded as a virtue in today's business world. What are some strategies we can use to reflect the value of diversity in our written work? What are some different types of reports you are likely to write in your career? ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd